HighGravityDataBorgWarner — Aug 5, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000908255-26-000049
Showing in the filing
Net sales implied year-over-year organic net sales change
“down 3.5% to down 1.5%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 20
Share repurchase program authorization incre… for FY2029
“$1 billion”
Total share repurchase authorization for FY2029
“approximately $1.35 billion”
R&D spending for FY2026
“plans to increase 2026 R&D spending”
Weighted light vehicle markets for FY2026
“down 3% to approximately flat”
Net sales for FY2026
“$14.0 billion to $14.3 billion”
Net sales implied year-over-year organic net… for FY2026
“down 3.5% to down 1.5%”
Organic net sales for FY2026
“down 3.5% to down 1.5%”
Battery Energy Systems segment year-over-yea… for FY2026
“approximately $250 million”
Foreign currencies impact on sales for FY2026
“a year-over-year increase in sales of approximately $175 million”
U.S. GAAP operating margin for FY2026
“9.6% to 9.8%”
Adjusted operating margin for FY2026
“10.7% to 10.9%”
U.S. GAAP net earnings per diluted share for FY2026
“$4.72 to $4.94”
Adjusted net earnings per diluted share for FY2026
“$5.05 to $5.30”
Operating cash flow for FY2026
“$1,600 million to $1,700 million”
Free cash flow for FY2026
“$900 million to $1,100 million”
Estimated Year-Over-Year Change in Productio… for FY2026
“(2.5)% to 1.5%”
Estimated Year-Over-Year Change in Productio… for FY2026
“(2)% to 1%”
Estimated Year-Over-Year Change in Productio… for FY2026
“(7)% to (4)%”
Estimated Year-Over-Year Change in Productio… for FY2026
“(3)% to (1)%”
Estimated Year-Over-Year Change in Productio… for FY2026
“(3)% to 0%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Net sales are expected to be in the range of $14.0 billion to $14.3 billion in 2026, compared with 2025 net sales of approximately $14.3 billion. The Company’s net sales guidance implies a year-over-year change in organic net sales of down 3.5% to down 1.5%. The Company’s net sales guidance includes an expected year-over-year sales decline of approximately $250 million in the Company’s Battery Energy Systems segment, which represents approximately a 1.7% headwind to organic net sales growth in 2026. Foreign currencies are expected to result in a year-over-year increase in sales of approximately $175 million primarily due to the strengthening of the Euro and Chinese Renminbi against the U.S. dollar. U.S. GAAP operating margin is expected to be in the range of 9.6% to 9.8% in 2026. Excluding the impact of non-comparable items and the add back of intangible asset amortization expense, adjusted operating margin is expected to be in the range of 10.7% to 10.9%. U.S. GAAP net earnings are expected to be within the range of $4.72 to $4.94 per diluted share. Excluding the impact of non-comparable items, adjusted net earnings are expected to be in the range of $5.05 to $5.30 per diluted share, compared to the Company’s previous adjusted net earnings range of $5.00 to $5.20 per diluted share. The increase is due to the impact of the Company’s share repurchases during the first half of 2026. Full year operating cash flow is expected to be in th
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.